Managers / Q4 2021 · view latest →
Crabel Capital Management, LLC
CIK 0001536557 · 1999 AVENUE OF THE STARS, SUITE 2060, LOS ANGELES, CA · 414.224.7510
Reported Value
$558M
Q4 2021
Positions
134
Filings on Record
29
2019–present window
Filed
Feb 11, 2022
original filing
Summary
Crabel Capital Management, LLC reported $558M in U.S.-listed holdings across 134 positions for Q4 2021.
The portfolio is heavily concentrated: AGG alone accounts for 31.6% of reported value.
Compared with Q3 2021, the fund opened 55 new positions and exited 30.
Portfolio Metrics
Turnover
+20.8%
vs prior filed quarter
Top-10 Concentration
+64.3%
share of reported value
Largest Position
+31.6%
Ishares Tr
New / Exited
55 / 30
positions this quarter
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
13F Reported Value
Portfolio Composition
By security type
- ETP · 65.7% · $367M
- Common Stock · 26.9% · $150M
- Other · 6.1% · $34M
- REIT · 1.3% · $8M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2021 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| Arena Pharmaceuticals Inc. | NEW | +83.3K | 83.3K | +$8M | $8M |
| Cerner Corp | NEW | +82.8K | 82.8K | +$8M | $8M |
| Ortho Clinical Diagnostics | NEW | +356.8K | 356.8K | +$8M | $8M |
| Vonage Hldgs Corp | NEW | +363.0K | 363.0K | +$8M | $8M |
| CCMPCMC Materials Inc | NEW | +38.7K | 38.7K | +$7M | $7M |
| Tristate Cap Hldgs Inc | NEW | +243.9K | 243.9K | +$7M | $7M |
| Veoneer Inc | NEW | +207.8K | 207.8K | +$7M | $7M |
| NeoPhotonics Corp | NEW | +477.7K | 477.7K | +$7M | $7M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2021
65 positions (from 134 filing rows — )
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | AGGiShares Tr | IBOXX Hi Yd ETF · Core US Aggbd ET · Pfd and Incm SEC · JPMorgan USD EMG · IBOXX Inv CP ETF · TIPS BD ETF · US Treas BD ETF · 0-5yr Hi YL CP · Barclays 7 10 Yr · 3 7 Yr Treas BD · National Mun ETF · Blackrock Ultra · 20 Yr TR BD ETF · MBS ETF · FLTG Rate NT ETF · MSCI USA Min Vol · Short Treas BD · 1 3 Yr Treas BD · MSCI Emg Mkt ETF · U.S. Real Es ETF · Core High DV ETF · MSCI EAFE Min VL · U.S. Med Dvc ETF · Broad USD High · MSCI UK ETF New · MSCI India ETF · ESG AWR MSCI USA | 31.60% | $176M | 2.44M |
| 2 | SJNKSPDR Ser Tr | Bloomberg SHT TE · Bloomberg High Y · Portfolio Agrgte · Nuveen Blmbrg MU · Portfolio Short · Bloomberg Invt · Bloomberg Conv · Prtflo S&P500 HI · Portfolio S&P500 · S&P Hombuild | 10.45% | $58M | 1.43M |
| 3 | VCSHVanguard Scottsdale Fds | Shrt Trm Corp BD · Int-Term Corp · Mtg-Bkd Secs ETF · Short Term Treas | 6.43% | $36M | 443.5K |
| 4 | BNDVanguard BD Index FDS | Total Bnd Mkt · Short Trm Bond | 4.02% | $22M | 267.0K |
| 5 | WTPIWisdomTree Tr | CBOE S&P 500 · US Qtly Div Grt · US Efficient Cor | 2.61% | $15M | 416.1K |
| 6 | BKLNInvesco Exch Traded FD Tr II | Sr Ln ETF · PFD ETF · Emrng Mkt Svrg · S&P Ultra Divide · S&P500 Low Vol | 2.19% | $12M | 563.5K |
| 7 | EMLCVaneck ETF Trust | JP Mrgan EM LOC · Junior Gold Mine · High Yld Muni ETF · Gold Miners ETF · BDC Income ETF · Mrngstr Wde Moat | 2.13% | $12M | 333.1K |
| 8 | Athene Holding Ltd | CL A | 1.75% | $10M | 117.4K |
| 9 | STLSterling Bancorp Delhistory → | Com | 1.60% | $9M | 346.3K |
| 10 | IHS Markit Ltd | SHS | 1.51% | $8M | 63.6K |
| 11 | Peoples United Financial Inc | Com | 1.50% | $8M | 470.2K |
| 12 | Investors Bancorp Inc New | Com | 1.46% | $8M | 537.6K |
| 13 | Flagstar Bancorp Inc | Com Par .001 | 1.41% | $8M | 163.9K |
| 14 | Arena Pharmaceuticals Inc. | Com New | 1.39% | $8M | 83.3K |
| 15 | Cerner Corp | Com | 1.38% | $8M | 82.8K |
| 16 | Ortho Clinical Diagnostics | Ord Shs | 1.37% | $8M | 356.8K |
| 17 | Nuance Communications Inc | Com | 1.36% | $8M | 137.2K |
| 18 | Magellan Health Inc | Com New | 1.35% | $8M | 79.5K |
| 19 | Vonage Hldgs Corp | Com | 1.35% | $8M | 363.0K |
| 20 | MGPMGM Growth PPTYS LLChistory → | CL A Com | 1.34% | $8M | 183.6K |
| 21 | Intersect Ent Inc | Com | 1.34% | $7M | 273.4K |
| 22 | CCMPCMC Materials Inchistory → | Com | 1.33% | $7M | 38.7K |
| 23 | Tristate Cap Hldgs Inc | Com | 1.32% | $7M | 243.9K |
| 24 | Veoneer Inc | Com | 1.32% | $7M | 207.8K |
| 25 | NeoPhotonics Corp | Com | 1.31% | $7M | 477.7K |
| 26 | GreenSky Inc | CL A | 1.30% | $7M | 637.2K |
| 27 | Aerojet Rocketdyne Hldgs Inc | Com | 1.28% | $7M | 152.4K |
| 28 | ACWViShares Inc | MSCI GBL Min Vol · MSCI CDA ETF · MSCI JPN ETF New · MSCI Taiwan ETF · MSCI Sth Kor ETF · MSCI Singpor ETF · MSCI Switzerland · MSCI Germany ETF · ESG AWR MSCI Em · MSCI France ETF · MSCI Sweden ETF · MSCI Spain ETF · MSCI Mexico ETF · MSCI Italy ETF | 1.11% | $6M | 131.7K |
| 29 | State Auto Finl Corp | Com | 0.74% | $4M | 80.0K |
| 30 | Kraton corp | Com | 0.73% | $4M | 88.2K |
| 31 | Welbilt Inc | Com | 0.73% | $4M | 171.5K |
| 32 | Casper Sleep Inc. | Com | 0.72% | $4M | 600.6K |
| 33 | XLUSelect Sector SPDR Tr | SBI Int-Utils | 0.71% | $4M | 55.3K |
| 34 | Golden Nugget Online Gaming | Com CL A | 0.71% | $4M | 396.8K |
| 35 | Sanderson Farms Inc | Com | 0.70% | $4M | 20.6K |
| 36 | VTEBVanguard Mun Bd FDS | Tax Exempt BD | 0.69% | $4M | 69.7K |
| 37 | Shaw Communications Inc | CL B Conv | 0.65% | $4M | 119.3K |
| 38 | SCHZSchwab Strategic Tr | US Aggregate B · Sht Tm US Treas | 0.64% | $4M | 66.9K |
| 39 | BNDXVanguard Charlotte Fds | Total Int BD ETF | 0.54% | $3M | 54.6K |
| 40 | NEARiShares US ETF Tr | Blackrock ST Mat | 0.53% | $3M | 59.4K |
| 41 | Forterra Inc | Com | 0.37% | $2M | 85.8K |
| 42 | VTIPVanguard Malvern FDS | Strm Infproidx | 0.35% | $2M | 38.4K |
| 43 | FTSMFirst Tr Exchange-Traded FD | First TR Enh New · Senior LN FD · First TR TA HIYL | 0.28% | $2M | 28.3K |
| 44 | Xilinx Inc | Com | 0.25% | $1M | 6.7K |
| 45 | VTIVanguard Index FDS | Total Stk Mkt · MCAP VL Idxvip | 0.21% | $1M | 5.5K |
| 46 | MINTPIMCO ETF Tr | Enhan Shrt MA AC · 0-5 High Yield | 0.21% | $1M | 11.4K |
| 47 | Coherent Inc | Com | 0.19% | $1M | 4.1K |
| 48 | VPLVanguard Intl Equity Index | FTSE Pacific ETF · FTSE Europe ETF | 0.19% | $1M | 14.0K |
| 49 | SPYSPDR S&P 500 ETF Tr | TR Unit | 0.18% | $1M | 2.1K |
| 50 | Change Healthcare Inc | Com | 0.17% | $972,000 | 45.5K |
| 51 | ORCLOracle Corp | Com | 0.12% | $658,000 | 7.5K |
| 52 | VWOBVanguard Whithall FDS | Emerg Mkt Bd ETF | 0.11% | $615,000 | 7.9K |
| 53 | NOBLProShares Tr | S&P 500 DV Arist | 0.09% | $512,000 | 5.2K |
| 54 | SRLNSSGA Active ETF Tr | Blackstone Senr | 0.08% | $474,000 | 10.4K |
| 55 | PFFDGlobal X FDS | US Pfd ETF | 0.07% | $406,000 | 15.8K |
| 56 | GOOGLAlphabet Inc | Cap Stk CL A | 0.07% | $391,000 | 135 |
| 57 | AMLPAlps ETF Tr | Alerian MLP | 0.06% | $360,000 | 11.0K |
| 58 | AAPLApple Inc. | Com | 0.06% | $332,000 | 1.9K |
| 59 | NFLXNetflix Inc | Com | 0.06% | $319,000 | 530 |
| 60 | GSLCGoldman Sachs ETF Tr | Activebeta US LG | 0.05% | $305,000 | 3.2K |
| 61 | FDVVFidelity Covington Trust | High Divid ETF | 0.05% | $303,000 | 7.5K |
| 62 | FLQLFranklin Templeton ETF Tr | Libertyq US Eqt | 0.05% | $258,000 | 5.5K |
| 63 | SPDR Index Shs FDS | Portfolio Emg Mk | 0.05% | $254,000 | 6.1K |
| 64 | PTLCPacer FDS Tr | Trendp US Lar CP | 0.04% | $227,000 | 5.5K |
| 65 | DBX ETF Tr | Xtrack MSCI EAFE | 0.04% | $222,000 | 5.6K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $11M | 18 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $132M | 48 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $112M | 53 | Nov 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $163M | 48 | Aug 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $93M | 44 | May 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $31M | 37 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $142M | 48 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $81M | 36 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $115M | 58 | May 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $212M | 128 | Feb 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $124M | 72 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $242M | 110 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $225M | 84 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $276M | 92 | Feb 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $171M | 50 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $191M | 64 | Aug 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $323M | 105 | May 6, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $558M | 134 | Feb 11, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $325M | 109 | Nov 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $486M | 120 | Aug 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $384M | 100 | May 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $415M | 81 | Feb 9, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $51M | 56 | Nov 6, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $23M | 32 | Aug 11, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $9M | 2 | May 7, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $259M | 187 | Feb 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $167M | 175 | Nov 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $178M | 84 | Aug 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $92M | 75 | May 14, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.